Business
- BusinessGuruFocus.com
Insider Sale at Schlumberger Ltd (SLB): President New Energy Gavin Rennick Sells Shares
On May 22, 2024, Gavin Rennick, President New Energy at Schlumberger Ltd (NYSE:SLB), executed a sale of 38,083 shares of the company.
2 min read - BusinessGuruFocus.com
Insider Sale: President & CEO Owen Kratz Sells 314,196 Shares of Helix Energy Solutions ...
On May 22, 2024, Owen Kratz, President & CEO of Helix Energy Solutions Group Inc (NYSE:HLX), executed a significant transaction by selling 314,196 shares of the company.
2 min read - BusinessGuruFocus.com
Insider Sale: Sr. VP, CFO and Treasurer Lewis Fanger Sells 28,000 Shares of Full House Resorts ...
On May 21, 2024, Lewis Fanger, the Senior Vice President, Chief Financial Officer, and Treasurer of Full House Resorts Inc (NASDAQ:FLL), sold 28,000 shares of the company.
2 min read - BusinessBloomberg
European, US Stock Futures Rise on Nvidia Results: Markets Wrap
(Bloomberg) -- European stock futures advanced along with their US peers and Asian shares after upbeat earnings from Nvidia Corp. reinforced optimism over the global artificial-intelligence boom.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapSentiment toward equities was booste
4 min read - BusinessCoinMarketCap
Liquid Restaking Platform Kelp DAO Secures $9M Funding at Valuation of $90M
Kelp DAO, a liquid restaking platform built on Ethereum's EigenLayer, has successfully raised $9 million in a private token sale round, the company announced.
1 min read - BusinessBloomberg
KKR Signs A$200 Million Private Credit Loan for Australia’s MYOB
(Bloomberg) -- KKR & Co. signed a deal with private credit lenders for about a A$200 million ($133 million) loan for MYOB Ltd., an Australian accounting software firm that the private equity giant acquired in 2019, people familiar with the matter said.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens A
1 min read - BusinessBloomberg
Top Forecaster Defies India Rupee Bulls as Record Low Looms
(Bloomberg) -- The Indian rupee’s top forecaster is going against the majority. The currency will test a fresh low by year-end, according to Danske Bank A/S, defying the consensus prediction for the first gain in seven years. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe c
1 min read - USAssociated Press Finance
Remember last year's Memorial Day travel jams? Chances are they will be much worse this year
You didn’t think summer travel would be easy, did you? Highways and airports are likely to be jammed the next few days as Americans head out for Memorial Day weekend getaways and then return home. AAA predicts this will be the busiest start-of-summer weekend in nearly 20 years, with 43.8 million people expected to travel at least 50 miles from home between Thursday and Monday.
6 min read - BusinessReuters
ASML, Eindhoven Tech University to invest $195 million in partnership
European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined 180 million euros ($195 million) on semiconductor research over the coming decade. ASML, the largest supplier of equipment used in computer chip manufacturing, has been struggling with where and how it will expand operations, and with questions over whether the workforce and other infrastructure in the Netherlands' Eindhoven region will be enough to meet its growth plans. "
2 min read - BusinessGuruFocus.com
Decoding Electronic Arts Inc (EA): A Strategic SWOT Insight
Understanding EA's Market Position and Future Prospects Through SWOT Analysis
4 min read - BusinessGuruFocus.com
Decoding Analog Devices Inc (ADI): A Strategic SWOT Insight
Unveiling the Financial and Strategic Landscape Post Latest SEC Filing
5 min read - LifestyleBuzzFeed
This 24-Year-Old Makes $800 A Week While Living On The Road — Here's How "Living Out Of A Suitcase" Affects Her Budget And Day-To-Day
"Our generation has realized how unhealthy and unreasonable some of the typical expectations of jobs are and how deeply it impacts our personal freedoms and ability to pursue the things that make us happy outside of our careers..."
13 min read - BusinessBloomberg
China’s Purchases of Key Russian Oil Could Be Lowest Since 2021
(Bloomberg) -- China’s independent oil processors are on track to take the lowest volume of Russian ESPO crude in over three years as refining profits shrink and other grades are offered at cheaper prices.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapRefiners have purchased ab
2 min read - BusinessAssociated Press Finance
Sony says focus is on creativity, with games, movies, music, sensors, IP, and not gadgets
Japanese electronics and entertainment company Sony says it’s focusing on creativity in movies, animation and video games, rather than old-fashioned gadgetry. Its chief executive, Kenichiro Yoshida, outlined the company’s strategy Thursday, saying Sony was helping creative professionals deliver what he called “kando,” or a moving experience. Yoshida did not speak about reports Tokyo-based Sony and Apollo Global Management are interested in buying Paramount Global.
2 min read - BusinessBloomberg
China State Media Warns on Speculative Trading in Special Bonds
(Bloomberg) -- China’s state media urged investors to refrain from engaging in speculative trades in the latest special sovereign bond, as an illiquid part of the market saw a retail buying scramble Wednesday.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe Shanghai and Shenz
2 min read - BusinessTipRanks
Microsoft Stock (NASDAQ:MSFT) Can Still Rise Despite Sitting at the Top
Numero Uno stock Microsoft (NASDAQ:MSFT), with a $3 trillion market cap, has delivered a return of around 1,154% over the last decade. Sitting at the top of the global stock markets, will it continue to give similar returns in the next decade? I believe the answer is yes. Microsoft’s consistently strong performance, cloud & AI-driven tailwinds, and robust margins despite substantial AI investments make me bullish on the stock. Thus, I’ll take advantage of any market weakness in the coming months
6 min read - WorldAFP
S. Korea 'monk' DJ ditches robe to avoid Singapore ban
A controversial South Korean DJ "monk" will avoid a ban in Singapore by performing in the city-state without his robe or any religious references, a nightclub hosting him said Thursday.He is scheduled to perform next month at a nightclub in Singapore, an ethnically diverse city-state where laws restrict speech or actions viewed as harmful to religious harmony.
2 min read - BusinessTime
First BARK Air Flight That Caters To Dogs To Take Off
The airline’s first flight, traveling from New York to Los Angeles, is sold out.
2 min read - BusinessBloomberg
Copper Extends Decline as Record Prices Deter Buyers in China
(Bloomberg) -- Copper fell for a third day as Chinese factories balked at paying record prices, while hawkish comments from Federal Reserve officials also pressured base metals.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapAfter surging to an all-time high on Monday on bets th
1 min read - BusinessBusiness Insider
Germany has too many solar panels, and it's pushed energy prices into negative territory
Germany has installed a record number of solar panels. But consumers aren't starting to use them fast enough.
2 min read - LifestyleDeseret News
Does motherhood belong on your resume?
Some women are penalized professionally for staying home with children. These moms are trying to help.
10 min read - BusinessBloomberg
Turkish Rates Likely Already at Peak Even If Inflation Isn’t Yet
(Bloomberg) -- Turkey’s central bank is set to look past a final spurt in inflation to around 75% this month, likely extending an interest-rate pause it justifies by focusing on more optimistic projections.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe highest nominal rates
3 min read - BusinessAFP
Asian shares mixed after Fed minutes, while Nvidia provides support
Asian markets diverged Thursday after minutes from the Federal Reserve's most recent policy meeting indicated officials would keep interest rates elevated for some time as they struggle to bring inflation down to target.And confidence took another blow Wednesday when minutes from the Fed's April-May meeting showed policymakers were frustrated with the slow progress in bringing inflation down to their two percent goal.
3 min read - BusinessWDAF
Netrality Data Center speeds up already-hot KC tech industry
The nation's largest private data center company opened its newest location in the Kansas City metro Wednesday.
2 min read - BusinessBloomberg
Disney Is Said to Sell Stake in Tata’s India TV Platform
(Bloomberg) -- Walt Disney Co. has struck a deal to sell its minority stake in a subscription television broadcaster to Tata Group, people familiar with the matter said, allowing the US media giant to focus on the merger of its Indian unit with billionaire Mukesh Ambani’s media arm.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in L
2 min read - TechnologyDigital Trends
Bluesky finally adds a feature many had been waiting for
X rival Bluesky has finally added direct messages to its app, though at the current time they're not end-to-end encrypted.
2 min read - BusinessBloomberg
Chinese Factories Recoil From Paying Record Copper Prices
(Bloomberg) -- Chinese factories are balking at paying record copper prices, delaying orders for the metal and cutting production as their customers recoil from more expensive products.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe metal’s rapid ascent to an all-time high a
3 min read - BusinessWHTM
Remote jobs becoming fewer and farther between
(WHTM) — Do you work remotely? Even if it’s just a couple of days a week? Fewer companies are offering those jobs this year. They were the best thing to come out of the pandemic. But four years later, fewer and fewer companies are offering remote work as a full-time option. So what can you […]
2 min read - BusinessBloomberg
Philippines to Curb FX Speculation as Peso Approaches Record Low
(Bloomberg) -- The Philippine central bank is trying to rein in speculation in the foreign-exchange market, Governor Eli Remolona said, as the peso weakens toward a record low.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe Bangko Sentral ng Pilipinas intervened in the marke
1 min read - BusinessBloomberg
Troubled Peru Copper Mine Starts Expansion Work in Supply Boost
(Bloomberg) -- China’s MMG Ltd. is hopeful it can start digging copper from a new pit at its giant Las Bambas project in Peru by the end of this year, bringing some much-needed extra supply to a tightening global market.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapLas Bambas
2 min read - BusinessThe Wall Street Journal
Target Reports Another Sales Drop
Comparable sales fell 3.7%, marking the retailer’s fourth straight quarter of declines.
3 min read - BusinessBloomberg
India Needs ‘Balancing Act’ to Manage Bond Index Flows, S&P Says
(Bloomberg) -- Indian policymakers will face a “balancing act” in managing anticipated foreign capital inflows from its bonds’ inclusion in key global indexes while trying to retain the rupee’s general stability, according to an S&P Global Ratings economist.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Embol
2 min read - BusinessBillboard
Live Nation Antitrust Lawsuit Expected to Be Filed by DOJ on Thursday
The lawsuit is expected to charge that the concert giant has a monopoly on event ticketing through Ticketmaster.
3 min read - BusinessBusiness Insider
Apple is a 'hidden AI play' because its products will be central hubs for AI apps, 'Big Short' investor Steve Eisman says
"I know for sure that when all those apps come on, I'll need a new phone, and I'll need a new iPad, and I'll need a new laptop," Steve Eisman told CNBC.
2 min read - LifestyleKOIN
Barbra Weber’s vision: ‘Give people meaningful work’
In a small warehouse in Portland's Old Town, people on the streets gather, hoping to get some gig work. Ground Score Association offers opportunities for individuals to earn a living and find purpose.
5 min read - BusinessBloomberg
Orr Says RBNZ Would Only Hike to Curb Inflation Expectations
(Bloomberg) -- New Zealand central bank Governor Adrian Orr downplayed the chances of another interest rate hike, saying the bank would only tighten policy further if it felt it needed to contain inflation expectations.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets Wrap“Another rat
2 min read - BusinessBloomberg
Big Short on Volatility Draws Traders to Booming India Options
(Bloomberg) -- In a market that’s captured the attention of global finance for allegedly making $1 billion for Jane Street Group, many trading firms are employing a relatively simple strategy: short volatility.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe trade, or variati
3 min read - BusinessReuters
Japan's factory activity expands for first time in a year, PMI shows
The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) climbed to 50.5 in May from 49.6 in April, breaching the 50.0 threshold separating growth from contraction last seen in May last year. "The expansion in business activity remained services-led, but the near-stabilisation of manufacturing output offers hope of growth broadening out later in the year," said Jingyi Pan, economics associate director at S&P Global Market Intelligence, which compiled the survey. Both output
2 min read - USThe Olympian
Lummi Island ferry rate hike starts June 1, while lawsuit over increase heads to trial
Lummi Island resident Peter G. Earle filed a lawsuit in mid-April seeking to stop the ferry rate increase from taking effect.
3 min read - BusinessBloomberg
Australia’s Biggest Coal Plant to Delay Closure by Two Years
(Bloomberg) -- Origin Energy Ltd. will delay the closure of Australia’s largest coal-fired power station amid concerns renewable energy isn’t being added fast enough to keep pace with plans to quit fossil fuels.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapThe utility agreed t
3 min read - WorldThe Guardian
Tech tycoon Mike Lynch, accused of ‘massive’ fraud, set to testify at US trial
Lawyers for founder of software firm Autonomy, charged over $11bn Hewlett-Packard deal, suggest they may move for mistrial
2 min read - BusinessBloomberg
China Exposure Tumbles to 5% at Canada Pension as Geopolitical Risks Rise
(Bloomberg) -- Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks. Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapCanada’s big
3 min read - BusinessBloomberg
Nvidia Delivers on AI Hopes, Igniting $140 Billion Stock Rally
(Bloomberg) -- Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, gained in late trading after a bullish sales forecast showed that AI computing spending remains strong.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets Wrap Second-quarter revenue will be abo
5 min read - WorldFox Business
'Sheer terror': Passengers on Singapore Airlines flight describe nightmare after plane hit 'severe turbulence'
Passengers on the Singapore Airlines flight that descended sharply after encountering severe turbulence described the “sheer terror" of the aircraft "shuddering" midair.
3 min read - BusinessBillboard
Apple Challenges $2B European Union Fine Over Antitrust Violations
The tech giant has filed an appeal of the fine, which was assessed after the European Commission found that Apple unfairly favored its music streaming service over rivals.
3 min read - BusinessBloomberg
China’s App Xiaohongshu Taps Niche Rich Female Gen Zers
(Bloomberg) -- Teresa Cheung fired up her Xiaohongshu app, turned on her camera and dazzled her nearly 1.8 million online followers over a seven-hour livestream.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hopes, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapOne moment, she was demonstrating a palette of eyeshadow: “This color
5 min read - USKRON
Walmart layoffs to affect hundreds in Bay Area
(KRON) — Hundreds of Walmart employees based out of the Bay Area will be laid off, according to filings from the California Employment Development Department. Walmart employees based out of Sunnyvale and San Bruno will be affected. According to EDD information, 180 employees from Walmart’s Sunnyvale office on West California Avenue and 388 employees at […]
1 min read - USNebraska Examiner
Nebraska sues TikTok, alleging teens are deceptively targeted
LINCOLN — Teen TikTok users and parents who signed them up for the social media app were misled by the company about the safeguards in place to protect younger users, Nebraska Attorney General Mike Hilgers said Wednesday. Instead, Hilgers said, young people on the app are bombarded by addictive videos the algorithm recommends, including some […] The post Nebraska sues TikTok, alleging teens are deceptively targeted appeared first on Nebraska Examiner.
5 min read - BusinessDelaware Online | The News Journal
DuPont to split into 3 companies, replace CEO Ed Breen
Delaware-based DuPont expects to complete its split into three companies in 18 to 24 months.
2 min read - BusinessTechCrunch
Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions
Silo, a Bay Area food supply chain startup, has hit a rough patch. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. At the same time, Silo remains dedicated to serving our customers and the perishables industry at large, and will continue to focus more nimbly on building next-generation supply chain management software solutions.
2 min read
